Asia Pacific Isostatic Pressing Market Forecast to 2030

At 8.7% CAGR, Asia Pacific Isostatic Pressing Market is Speculated to be Worth US$ 5,017.83 Million by 2030, says the Research Team

According to the Research Team’ research, the Asia Pacific isostatic pressing market was valued at US$ 2,580.99 million in 2022 and is projected to reach US$ 5,017.83 million by 2030, registering a CAGR of 8.7% from 2022 to 2030. Growing industrialization and expanding aerospace and defense sector are among the critical factors attributed to drive the Asia Pacific isostatic pressing market growth.

The aerospace & defense sectors are expanding significantly globally. The aircraft manufacturing industry has been under constant pressure from the commercial aviation sector to deliver the required volumes of aircraft fleets of various models. According to Boeing and Airbus forecasts, more than 24,000 commercial aircraft will be delivered by the end of 2041. This is expected to bolster the demand for new aircraft engines along with next-generation digital ignition systems. The aircraft deliveries by different aircraft OEMs such as Boeing, Airbus, Lockheed Martin, Bombardier, and ATR are constantly boosting their respective production capacities to reduce the increasing backlogs from their respective pipelines, which in turn is generating demand for aircraft engines. The increase in aircraft production will lead to an increase in the demand for isostatic pressing technique. Modern aircraft designs involve intricate and complex components. Isostatic pressing allows for the manufacturing of parts with complex geometries, ensuring precision and consistency. For example, isostatic pressing is used to produce complex-shaped components, such as structural elements and brackets for aircraft, contributing to the overall efficiency and safety of aerospace systems. Defense applications require specialized materials with precise characteristics. Isostatic pressing contributes to the production of components used in defense technologies, including radar systems and communication devices. Isostatic pressing is applied to shape components for military-grade electronic systems, where reliability and durability are critical for mission success. Thus, the expansion of the aerospace & defense sector drives the isostatic pressing market growth.

On the contrary, high initial investment hampers the growth of Asia Pacific isostatic pressing market.

Based on offering, the Asia Pacific isostatic pressing market is bifurcated into systems and services. The systems segment held 69.3% market share in 2022, amassing US$ 1,788.77 million. It is projected to garner US$ 3,618.36 million by 2030 to register 9.2% CAGR during 2022-2030.

In terms of type, the Asia Pacific isostatic pressing market is segmented into hot isostatic pressing (HIP), cold isostatic pressing (CIP), and warm isostatic pressing (WIP). The hot isostatic pressing (HIP) segment held 47.9% share of Asia Pacific isostatic pressing market in 2022, amassing US$ 1,236.49 million. It is anticipated to garner US$ 2,565.43 million by 2030 to expand at 9.6% CAGR during 2022-2030. Furthermore, the hot isostatic pressing (HIP) segment is sub segmented into large sized, medium sized, and small sized. Additionally, the cold isostatic pressing (CIP) segment is bifurcated into dry bag pressing and wet bag pressing.

Based on application, the Asia Pacific isostatic pressing market is segmented into automotive, aerospace and defense, precision machine manufacturing, medical, energy and power, and others. The automotive segment held 26.4% market share in 2022, amassing US$ 680.16 million. It is projected to garner US$ 1,580.51 million by 2030 to register 11.1% CAGR during 2022-2030.

Based on country, the Asia Pacific isostatic pressing market is categorized into China, Japan, South Korea, India, Australia, and the Rest of Asia Pacific. Our regional analysis states that China captured 34.5% share of Asia Pacific isostatic pressing market in 2022. It was assessed at US$ 890.71 million in 2022 and is likely to hit US$ 1,923.83 million by 2030, registering a CAGR of 10.1% during 2022-2030.

Key players operating in the Asia Pacific isostatic pressing market are Bodycote Plc, EPSI Inc, Hiperbaric USA Corp, Kennametal Inc., Kobe Steel Ltd, Nikkiso Co Ltd, and Shanxi Golden Kaiyuan Co Ltd, among others.

In September 2023, Quintus Technologies, a subsidiary of Kobe Steel Ltd, has announced that their Cold Isostatic Press (CIP) will be integrated into the impressive range of equipment at Lingchuang Special Material Co. in China. This addition further strengthens Lingchuang’s world-class equipment lineup, showcasing their commitment to utilizing cutting-edge technology in their operations. The integration of Quintus CIP will enable Lingchuang to enhance its manufacturing capabilities and offer advanced solutions to its customers in the special material industry. This collaboration highlights the mutual goal of both companies to drive innovation and meet the evolving demands of the market.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific isostatic pressing market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific isostatic pressing market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific isostatic pressing market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Isostatic Pressing Market Landscape
4.1 Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Providers:
4.3.2 System Manufacturer:
4.3.3 End Users:
4.3.4 List of Vendors in Value Chain
5. Asia Pacific Isostatic Pressing Market – Key Industry Dynamics
5.1 Asia Pacific Isostatic Pressing Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Industrialization
5.2.2 Expanding Aerospace and Defense Sector
5.2.3 Increasing Adoption of Additive Manufacturing
5.3 Market Restraints
5.3.1 High Initial Investment
5.3.2 Labor Shortage
5.4 Market Opportunities
5.4.1 Growing Demand for Low-Cost Titanium and its Alloys in The Automotive Industry
5.4.2 Increasing Technological Advancement
5.5 Future Trends
5.5.1 Green Manufacturing
5.6 Impact of Drivers and Restraints:
6. Isostatic Pressing Market – Asia Pacific Market Analysis
6.1 Asia Pacific Isostatic Pressing Market Revenue (US$ Million), 2020 – 2030
6.2 Asia Pacific Isostatic Pressing Market Forecast and Analysis
7. Asia Pacific Isostatic Pressing Market Analysis – Offering
7.1 Systems
7.1.1 Overview
7.1.2 Systems Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Isostatic Pressing Market Analysis – Type
8.1 Hot Isostatic Pressing (HIP)
8.1.1 Overview
8.1.2 Hot Isostatic Pressing (HIP) Market, Revenue and Forecast to 2030 (US$ Million)
8.1.2.1 Large Sized
8.1.2.1.1 Overview
8.1.2.1.2 Large Sized Market, Revenue and Forecast to 2030 (US$ Million)
8.1.2.2 Medium Sized
8.1.2.2.1 Overview
8.1.2.2.2 Medium Sized Market, Revenue and Forecast to 2030 (US$ Million)
8.1.2.3 Small Sized
8.1.2.3.1 Overview
8.1.2.3.2 Small Sized Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Cold Isostatic Pressing (CIP)
8.2.1 Overview
8.2.2 Cold Isostatic Pressing (CIP) Market, Revenue and Forecast to 2030 (US$ Million)
8.2.2.1 Dry Bag Pressing
8.2.2.1.1 Overview
8.2.2.1.2 Dry Bag Pressing Market, Revenue and Forecast to 2030 (US$ Million)
8.2.2.2 Wet Bag Pressing
8.2.2.2.1 Overview
8.2.2.2.2 Wet Bag Pressing Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Warm Isostatic Pressing (WIP)
8.3.1 Overview
8.3.2 Warm Isostatic Pressing (WIP) Market, Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Isostatic Pressing Market Analysis – Application
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Aerospace and Defense
9.2.1 Overview
9.2.2 Aerospace and Defense Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Precision Machine Manufacturing
9.3.1 Overview
9.3.2 Precision Machine Manufacturing Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Medical
9.4.1 Overview
9.4.2 Medical Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Energy & Power
9.5.1 Overview
9.5.2 Energy and Power Market, Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Asia Pacific Isostatic Pressing Market – Country Analysis
10.1 Asia Pacific Isostatic Pressing Market
10.1.1 Asia Pacific Isostatic Pressing Market, by Key Country
10.1.1.1 China: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
10.1.1.1.1 China Asia Pacific Isostatic Pressing Market Breakdown by Offering
10.1.1.1.2 China: Asia Pacific Isostatic Pressing Market, by Type
10.1.1.1.3 China: Asia Pacific Isostatic Pressing Market, by Application
10.1.1.2 Japan: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
10.1.1.2.1 Japan: Asia Pacific Isostatic Pressing Market Breakdown by Offering
10.1.1.2.2 Japan: Asia Pacific Isostatic Pressing Market, by Type
10.1.1.2.3 Japan: Asia Pacific Isostatic Pressing Market, by Application
10.1.1.3 South Korea: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
10.1.1.3.1 South Korea Asia Pacific Isostatic Pressing Market Breakdown by Offering
10.1.1.3.2 South Korea: Asia Pacific Isostatic Pressing Market, by Type
10.1.1.3.3 South Korea: Asia Pacific Isostatic Pressing Market, by Application
10.1.1.4 India: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
10.1.1.4.1 India Asia Pacific Isostatic Pressing Market Breakdown by Offering
10.1.1.4.2 India: Asia Pacific Isostatic Pressing Market, by Type
10.1.1.4.3 India: Asia Pacific Isostatic Pressing Market, by Application
10.1.1.5 Australia: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
10.1.1.5.1 Australia Asia Pacific Isostatic Pressing Market Breakdown by Offering
10.1.1.5.2 Australia: Asia Pacific Isostatic Pressing Market, by Type
10.1.1.5.3 Australia: Asia Pacific Isostatic Pressing Market, by Application
10.1.1.6 Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific Asia Pacific Isostatic Pressing Market Breakdown by Offering
10.1.1.6.2 Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Type
10.1.1.6.3 Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Bodycote Plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 EPSI Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Hiperbaric USA Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Kennametal Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kobe Steel Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Nikkiso Co Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Shanxi Golden Kaiyuan Co Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams
13.2 Word Index

LIST OF TABLES

Table 1. Asia Pacific Isostatic Pressing Market Segmentation
Table 2. Asia Pacific Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Asia Pacific Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 4. Asia Pacific Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) -Type
Table 5. Hot Asia Pacific Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) -Type
Table 6. Cold Asia Pacific Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) -Type
Table 7. Asia Pacific Isostatic Pressing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 8. China: Asia Pacific Isostatic Pressing Market, by Offering – Revenue and Forecast to 2030 (US$ Million)
Table 9. China: Asia Pacific Isostatic Pressing Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 10. China: Asia Pacific Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) – Revenue and Forecast to 2030 (US$ Million)
Table 11. China: Asia Pacific Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) – Revenue and Forecast to 2030 (US$ Million)
Table 12. China: Asia Pacific Isostatic Pressing Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 13. Japan: Asia Pacific Isostatic Pressing Market, by Offering – Revenue and Forecast to 2030 (US$ Million)
Table 14. Japan: Asia Pacific Isostatic Pressing Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 15. Japan: Asia Pacific Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) – Revenue and Forecast to 2030 (US$ Million)
Table 16. Japan: Asia Pacific Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) – Revenue and Forecast to 2030 (US$ Million)
Table 17. Japan: Asia Pacific Isostatic Pressing Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 18. South Korea: Asia Pacific Isostatic Pressing Market, by Offering – Revenue and Forecast to 2030 (US$ Million)
Table 19. South Korea: Asia Pacific Isostatic Pressing Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 20. South Korea: Asia Pacific Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) – Revenue and Forecast to 2030 (US$ Million)
Table 21. South Korea: Asia Pacific Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) – Revenue and Forecast to 2030 (US$ Million)
Table 22. South Korea: Asia Pacific Isostatic Pressing Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 23. India: Asia Pacific Isostatic Pressing Market, by Offering – Revenue and Forecast to 2030 (US$ Million)
Table 24. India: Asia Pacific Isostatic Pressing Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 25. India: Asia Pacific Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) – Revenue and Forecast to 2030 (US$ Million)
Table 26. India: Asia Pacific Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) – Revenue and Forecast to 2030 (US$ Million)
Table 27. India: Asia Pacific Isostatic Pressing Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 28. Australia: Asia Pacific Isostatic Pressing Market, by Offering – Revenue and Forecast to 2030 (US$ Million)
Table 29. Australia: Asia Pacific Isostatic Pressing Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 30. Australia: Asia Pacific Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) – Revenue and Forecast to 2030 (US$ Million)
Table 31. Australia: Asia Pacific Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) – Revenue and Forecast to 2030 (US$ Million)
Table 32. Australia: Asia Pacific Isostatic Pressing Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 33. Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Offering – Revenue and Forecast to 2030 (US$ Million)
Table 34. Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 35. Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Hot Isostatic Pressing (HIP) – Revenue and Forecast to 2030 (US$ Million)
Table 36. Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Cold Isostatic Pressing (CIP) – Revenue and Forecast to 2030 (US$ Million)
Table 37. Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 38. List of Abbreviation

LIST OF FIGURES

Figure 1. Asia Pacific Isostatic Pressing Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Isostatic Pressing Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Isostatic Pressing Market Revenue (US$ Million), 2020 – 2030
Figure 6. Asia Pacific Isostatic Pressing Market Share (%) – Offering, 2022 and 2030
Figure 7. Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Asia Pacific Isostatic Pressing Market Share (%) – Type, 2022 and 2030
Figure 10. Hot Isostatic Pressing (HIP) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Large Sized Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Medium Sized Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Small Sized Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Cold Isostatic Pressing (CIP) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Dry Bag Pressing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Wet Bag Pressing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Warm Isostatic Pressing (WIP) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Asia Pacific Isostatic Pressing Market Share (%) – Application, 2022 and 2030
Figure 19. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Aerospace and Defense Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Precision Machine Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Medical Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Energy and Power Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Asia Pacific Isostatic Pressing Market, By Key Country – Revenue (2022) (US$ Million)
Figure 26. Asia Pacific Isostatic Pressing Market Revenue Share, by Key Country (2022 and 2030)
Figure 27. China: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 28. Japan: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 29. South Korea: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 30. India: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 31. Australia: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 32. Rest of Asia Pacific: Asia Pacific Isostatic Pressing Market – Revenue, and Forecast to 2030 (US$ Million)